by Christopher Nye | Mar 26, 2025
It was (almost) all downhill for the single currency yesterday, but most falls were limited to less than 0.5%, with AUD and CAD being the biggest winners against the euro. We’ve got a final result for Spanish GDP shortly – will it be confirmed as the best in Western...
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by Christopher Nye | Mar 26, 2025
There was minimal movement for sterling yesterday ahead of the Spring Statement, but some progress against the euro, where the pound has now recovered almost 1% over the past week. On Friday a busy period for data ends with Retail Sales, where a sharp drop is expected...
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by Christopher Nye | Mar 26, 2025
Inflation declined in the UK to 2.8% last month, below last month’s 3% and slightly lower than expectations. The result has weakened sterling in early trading, although the result was in line with Bank of England forecasts, if not the market’s assumption that higher...
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by Jonathan Cook | Mar 25, 2025
America made it a clean sweep of our three key jurisdictions reporting PMI data yesterday. Although this data tends to be less impactful, on this occasions it served to boost the US dollar by virtue of comparison. America’s composite (i.e. manufacturing and services...
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by Jonathan Cook | Mar 25, 2025
Although the euro lost some ground to begin the week, the worst of the volatility that marked the start of the year has now cooled. The euro has made steady progress since last month and more consumer data from Germany later in the week could help cement its comeback....
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